
Project A Ventures
Description
Project A Ventures is a prominent early-stage venture capital firm based in Berlin, Germany, known for its distinctive operational VC model. Unlike traditional VCs, Project A integrates a large team of over 120 in-house operational experts across various disciplines, including engineering, marketing, human resources, and business intelligence. This unique approach allows them to not only provide capital but also hands-on support, helping their portfolio companies scale rapidly and efficiently. The firm primarily focuses on digital businesses across Europe, with a strong emphasis on the DACH region.
The firm's investment strategy targets early-stage technology companies, typically spanning from Seed to Series B rounds. While sector-agnostic within the digital realm, Project A has a track record of investing in diverse areas such as B2B SaaS, fintech, health tech, e-commerce, and mobility solutions. Their initial cheque sizes typically range from €500,000 to €10 million. Converting this to USD, this translates to approximately $540,000 to $10.8 million for a first investment, reflecting their commitment to supporting companies from their nascent stages through significant growth phases.
Project A has demonstrated substantial growth in its funding capabilities over the years. In 2022, the firm announced the closing of its fifth fund, Project A Ventures V, with a total capital commitment of €375 million. This latest fund, equivalent to approximately $405 million, underscores their expanding capacity to deploy capital and support a larger number of promising European startups. Their portfolio includes notable successes like Trade Republic, sennder, and Voi Technology, showcasing the effectiveness of their hybrid investment and operational support model in fostering market leaders. Project A's blend of financial backing and deep operational expertise positions it as a key player in the European venture capital landscape.
Investor Profile
Project A Ventures has backed more than 219 startups, with 18 new investments in the last 12 months alone. The firm has led 66 rounds, about 30% of its total and boasts 32 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Seed, Series A, Series B rounds (top funding stages).
- Majority of deals are located in Germany, United Kingdom, United States.
- Strong thematic focus on Software, E-Commerce, Artificial Intelligence (AI).
- Led 4 rounds in the past year.
- Typical check size: $540K – $10.8M.
Stage Focus
- Seed (36%)
- Series A (30%)
- Series B (14%)
- Series Unknown (8%)
- Pre Seed (5%)
- Series C (5%)
- Series D (2%)
- Private Equity (1%)
Country Focus
- Germany (59%)
- United Kingdom (10%)
- United States (10%)
- Sweden (4%)
- France (3%)
- Denmark (3%)
- Italy (2%)
- The Netherlands (2%)
- Singapore (2%)
- Brazil (2%)
Industry Focus
- Software
- E-commerce
- Artificial Intelligence (Ai)
- Information Technology
- Saas
- Marketing
- B2b
- Internet
- Health Care
- Financial Services
Frequently Asked Questions
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